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Tax and Jurisdictions

Cuts to corporation tax and a £2,000 (€2,300) allowance towards employer national insurance contributions are among the measures most likely to affect family businesses in the latest UK budget.

Cuts to corporation tax and a £2,000 (€2,300) allowance towards employer national insurance contributions are among the measures most likely to affect family businesses in the latest UK budget. 

Family offices are being warned it is “risky” to ignore the introduction of the Foreign Account Tax Compliance Act next year.

Family offices are being warned it is “risky” to ignore the introduction of the Foreign Account Tax Compliance Act next year. 

Bernard Arnault’s complicated fiscal dealings in Belgium are all designed to keep luxury goods giant LVMH well under the Arnault family's control and not to avoid France’s proposed 75% super-tax, according to the company.

Bernard Arnault’s complicated fiscal dealings in Belgium are all designed to keep luxury goods giant LVMH well under the Arnault family's control and not to avoid France’s proposed 75% super-tax, according to the company.

The rich and their families are hiding more than $21 trillion (€17.36 trillion) in offshore tax havens, equivalent to around $250 billion in lost tax revenues for governments, according to a report released on Sunday.

The rich and their families are hiding more than $21 trillion (€17.36 trillion) in offshore tax havens, equivalent to around $250 billion in lost tax revenues for governments, according to a report released on Sunday.

Austerity? What austerity? In the wake of the 2008 credit crisis, the weathy have rarely had it so good. According to surveys by Royal Bank of Canada/Capgemini and Boston Consulting Group, global net worth has recovered over the last four years.

Austerity? What austerity? In the wake of the 2008 credit crisis, the weathy have rarely had it so good. According to surveys by Royal Bank of Canada/Capgemini and Boston Consulting Group, global net worth has recovered over the last four years.